Managers of Wealth Africa

Seven things to consider when transacting in Africa

Investors usually do not mind a challenge, but they have no affinity for uncertainty.

Carlyle Co-Founder Sees Emerging Markets Yielding ‘The Greatest Reward’ in the Coming Years

Rubenstein argued the worst has passed when it comes to issues negatively affecting the appeal of emerging market economies – such as commodity price declines, corruption and a lack of transparency, as well as the dearth of viable deals.

Bond Notes Are Not US Dollars, South African Business Mogul Mzi Khumalo Sues RBZ $132m Loss Between US Dollars And RTGS$.

Bond Notes originally traded at par with the U.S. dollar but their value has since collapsed on the black market.

Fintechs, CBN collaborate to drive agency banking

Speaking at the summit, the Deputy Governor, Financial Systems Stability, CBN, Mrs Aishah Ahmad, reiterated the apex bank’s commitment to the successful implementation of agent banking in Nigeria.

Kenya sells third $2.1bn Eurobond

The two tranches are priced at 7.0 percent for the 7-year tenor and 8.0 percent for the 12-year tenor.

Investec’s Fani Titi grapples with crises in its two largest markets — SA and UK

Theresa May is facing increasing pressure to quit as prime minister, setting the scene for more political drama that may further cloud the economic outlook.

Nigerian journalist Oluseyi Awojulugbe Wins APO Group Invitation to Attend the African Development Bank’s 2019 Annual Meetings

Awojulugbe Oluseyi Serah (25) is a senior business reporter with Nigeria's independent online newspaper TheCable Newspaper.

SA companies aren’t reaping the benefits of asset management, says Alusani® Course Leader

At a foundational level, leadership and management are the fundamental building blocks of the asset management pyramid.

Renaissance Capital restates commitment to Africa

In the closed-door 1:1 meetings, between top global and local investors from across the globe, 30 corporate representatives are able to discuss investment opportunities in Nigeria and other fast-growing economies on the African continent.

Kenyatta, Kagame push for digital transformation of Africa

President Kenyatta said that African states must ensure that technology is not used as a medium of propagating social vices such as division, classism and ethnicity but rather as a tool to solve problems.

South Africa firms beat US in deals targeting Kenya

The UK remained Nairobi’s largest source of foreign investment with a Sh217.84 billion portfolio despite registering a Sh3.44 billion drop from 2016’s value, the statistics show.

Treasury opens sale of third Eurobond in five years

The announcement shows that investors interested in the bond will be required to give a minimum of $200,000 (Sh20 million).

The impact of Regulation 28 on returns

Have investors been missing out?

Capital markets: Funding Africa’s future

Africa has long had a fraught relationship with the capital markets – can the continent put that difficult history behind it and, crucially, fund the next stage of its development?

New Pensions Bill on the cards

During the workshop, it emerged that about 50 000 pensioners could be wallowing in poverty yet their pensions amounting to millions of dollars are lying idle.

Old Mutual Investment Group pairs with robo-adviser for socially responsible fund

The fund will have higher fees that Moneybox’s standard global shares fund, at 0.18 per cent compared to 0.12 per cent per year.

SA’s economy most miserable in the world

Corruption allegations and charges have destroyed the reputation of Public Investment Corporation and has led to the complete collapse of VBS Mutual.

Namibian government dismisses reports about pension fund being swamped in huge debt

According to the ministry, of the total borrowing requirement of over the past four years, only a total of 33.5 billion Namibian dollars (2.3 billion U.S. dollars) was borrowed within the same period.

Kenya quietly selling third Eurobond in Europe and the US to finance budget, repay lenders

Reuters news agency reported that JP Morgan and Standard Chartered bank have been appointed lead arrangers and that the Eurobond that will be listed on both the Irish and London stock exchanges.

Living off garbage in Johannesburg

A legacy of apartheid, inequality remains so ingrained the ANC hasn’t been able to narrow the wealth gap since taking power 25 years ago.

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